Chinese Government partially forgives Government of Togo's outstanding debt obligations

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Togo
Country	Togo
Start Date	Jul 03, 2018
End Date	Sep 04, 2028
Duration	3,716 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`87933`

Grant Description

On July 3, 2018, the Chinese Ambassador to Togo and the Minister of Economy and Finance of Togo signed the "Protocol of the Government of the People's Republic of China and the Government of the Togolese Republic on the Cancellation of Part of the Debts of the Togolese Republic." The exact amount of debt cancelled by the Chinese Government was not specified.

📋 Staff Comments

Extensive research confirms that the Chinese Government often forgives interest-free loans (disbursed by MOFCOM) first. However, there is no evidence that this is the case in this specific project. Therefore, AidData leaves 'Unspecified Chinese Government Institution' as the funding agency for now.The exact amount of debt cancelled by the Chinese Government was not specified.

📚 Sources & References

中多两国政府签署关于免除多哥政府部分债务的议定书
中多两国政府签署关于免除多哥政府部分债务的议定书 Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.